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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (83511)	7/12/2007 1:00:08 PM
From: GST	Read Replies (2) \| Respond to of 110194

<Mish's blog these days> LOL - Mish does not allow me to post his thread -- for obvious reasons. Mish was and is dead wrong on deflation as far as I can see.

To: John Vosilla who wrote (83511)	7/12/2007 6:31:41 PM
From: shades	Read Replies (2) \| Respond to of 110194

So your house or stock market portfolio has double, but your cost of living has gone up 50-60% and your dollar has lost half it's value versus the Euro while your income is up just 20-30%. My dad lived in germany when it was 4 marks to the dollar, on a very meager US income he was able to travel all over europe, I have many memories of venice and rome, portugal, lisbon, berlin, france etc etc. Anyways I was talking to a hedge fund guy today about the IRS about to stick it to him going from 15% to 35% tax rates. He was telling me no problem - he will still make BIG money - and I said SO WHAT! You will never have the WEALTH to travel europe like my parents did no matter how many US dollars you make - he said the EU is going to fall apart - the euro is going to collapse - all europeans hate each other and none of the countries are meeting pre arranged inflation targeting goals - he said it may take 10 years but the euro is TOAST! He said everyone in china takes their money and puts it into aussie banks but that is going to collapse too, and japan and china are so sick of each other and hate each others guts so bad all of asia will go down soon too!! I said in 1992 some smart guys said the nasdaq was in a bubble that was about to collapse - 8 years later they were right - but all that money they lost because their timing was wrong went into someone elses pocket (sigh) The hedge fund guy may be right and the euro may fall apart in the future. My dad said son, I could get very beautiful french and german lovers just because they thought I was a rich american - I don't think the rich hedge fund guy who is far wealthier than my dad ever was will have the panties thrown at him like my pop got - he may have more US paper, but he aint getting the nude babes on the french riviera like dad did FOR FREE - I try and try to get this point across to so many IDIOTS - so WHAT if you have more US PAPER - you don't have the life of your ancestors and although you may can fire up youtube and watch roger scream about trading the futures - elle macpherson and friends aint gonna bang you like they did in the old days FOR FREE. Of course I am a dying breed - I still think being in the arms of a beautiful lady sharing romantic intimacy is one of the greatest things in life - others get off on shorting homies, shorting banks that will never go down until WW3 arrives, burying gold, developing land, etc etc etc battling it out with grace and elroy and gst and mish - maybe when I get old and have to have viagra like those folks my pursuits of happiness will change too - but right now I feel I am MUCH MUCH poorer than my pop was for what I want at my age. U.S. dollar weakness is part of that many faceted problem. hehe nude-france.com Nude Beach Guide To France